HOBOKEN — Hoboken University Medical Center CEO Spiros Hatiras has made good on his promise to deliver a break-even budget for the struggling hospital.
HUMC’s $138 million budget represents a reduction of 12 percent over last year’s budget, according to a statement released last week. There is also no loss from operation included in the proposed budget.
In a statement included in the budget documents, Mayor Dawn Zimmer called the budget “another step in putting the hospital on the path to privatization.”
Zimmer has supported selling the hospital to a private company that will run it and keep it as a hospital.
Another step on that path was to recently hire special legal counsel to investigate “opportunities” for the hospital. Three weeks ago, the hospital board hired the Roseland-based law firm Lowenstein Sandler to fill that role.